Thailand’s Securities and Exchange Commission is making significant strides in the cryptocurrency arena, proposing changes that would allow mutual and private funds to invest in crypto products like ETFs, particularly those traded in the U.S. The move, aimed at meeting the burgeoning interest from institutional investors, introduces guidelines allowing securities companies and asset management firms to cater to large investors with a variety of crypto-related offerings.

In a move to regulate and foster innovation, the SEC is also launching a Digital Asset Regulatory Sandbox, involving ten private firms in trial projects that could pave the way for crypto payments in Thailand. This initiative, coupled with the proposal to lift restrictions for institutional and high-net-worth investors on crypto exposure, marks a progressive step towards integrating digital assets into mainstream finance while ensuring robust regulatory oversight and investor protection.

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